Purpose

Provide capital investment funding to improve the intersection of Carver County StateAid Highway 51 and U.S. Highway 212 to enhance safety and traffic flow.

Main Provisions

• Appropriation: Allocates $6,000,000 from the bond proceeds account in the state transportation fund to the commissioner of transportation as a grant to Carver County for designing, engineering, and constructing improvements to the intersection.
• Project scope: The improvements include roadway construction on Carver County StateAid Highway 51, a bridge over U.S. Highway 212, side street construction, drainage improvements, and water quality improvements.
• Availability condition: The appropriation becomes available only when the commissioner of management and budget determines that a sufficient portion of funds has been committed to complete the project as required by applicable law.
• Bond financing: The state must sell and issue bonds up to $6,000,000 to fund the appropriation, following the specified state statutes and constitutional provisions.

Funding and Financing Details

• Source: Bond proceeds account within the state transportation fund.
• Use: Grant to Carver County for design, engineering, and construction of the intersection project.
• Legal framework: Bond sale governed by Minnesota Statutes sections 16A.631 to 16A.675 and by Minnesota Constitution Article XI, sections 4 to 7.

Conditions and Implementation

• Implementation trigger: Availability of funds depends on the determination by the relevant state budget officials that enough funds are committed to complete the project.
• Oversight: Project financing and bond issuance must comply with established state laws and constitutional requirements.

Impact Summary

• Local impact: Provides funding and a clear path for Carver County to complete safety improvements at a key intersection, including a new bridge and associated drainage and water quality work.
• State impact: Uses state bonding to finance a local infrastructure project, aligning with capital investment guidelines and statutory bond procedures.

Relevant Terms - Carver County - StateAid Highway 51 - U.S. Highway 212 - intersection safety improvements - appropriation - bond proceeds account - state transportation fund - grant to Carver County - design engineering and construction - bridge over U.S. 212 - side street construction - drainage - water quality improvements - availability condition - Commissioner of Management and Budget - Minnesota Statutes 16A.502 - bond sale - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7